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Showing 61 - 70 of 205 results for "Insignia Financia"

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
Cybercriminals attempted to breach the systems of several superannuation funds over the weekend, although most attacks were repelled, thousands have been affected. Rest said fewer than 1% of its members have been affected by unauthorised activity on ...

Nominate now for the 2025 MAX Awards

STAFF WRITER  |  TUESDAY, 25 MAR 2025
Nominations are now open for the annual Financial Standard MAX (Marketing, Advertising and Sales Excellence) Awards. Now running for more than three decades, the MAX Awards recognises industry excellence in the fields of marketing, advertising and sales ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
The long-awaited Tranche 2 of the Delivering Better Financial Outcomes draft package has been released, switching Statements of Advice for Client Advice Records and clarifying what topics super funds can collectively charge for. However, some elements ...

Australian Unity chief retires

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
Australian Unity chief executive and group managing director Rohan Mead will retire at the end of this year, closing the book on a 21-year tenure at the financial services company. Australian Unity is now on the hunt for his successor, with an internal ...

'We're not going anywhere': SS&C serious about Aussie expansion

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
After entering into an agreement with Insignia Financial in December last year to take on around 1400 staff and transform its master trust business, SS&C is eyeing significantly more market share in Australia. Speaking to Financial Standard, SS&C global ...

Bain, CC Capital up Insignia bids

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
Insignia Financial has received two separate revised non-binding and indicative proposals from CC Capital Partners and Bain Capital. The bids were both increased to $5 cash per Insignia share, valuing the wealth manager at $3.35 billion, and an 8.7% ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
BNP Paribas' Securities Services business has been chosen by Medibank Private to provide custody and fund administration services. As part of the mandate, BNP Paribas will handle Medibank's custody, fund administration, performance reporting, cash management ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
The financial services sector made a fractional improvement on its gender pay disparity, reporting a 22.2% gap on a median and average basis, the latest Workplace Gender Equality Agency's (WGEA) report shows. The 2024 financial year shows that financial ...

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Insignia Financial will take a $53.5 million profit hit after electing not to exercise an early repayment request from NAB. Insignia issued $200 million of subordinated loan notes (SLNs) to NAB in May 2021 as part of the funding package to finance the ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
The SMA Reporting Standard (SMARS) has launched to address the complexities and confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA ...